MASCO CORP (MAS) Stock Technical Analysis
NYSE:MAS • US5745991068
Taking everything into account, MAS scores 7 out of 10 in our technical rating. MAS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- MAS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAS is lagging the market slightly.
- In the last month MAS has a been trading in the 65.10 - 79.19 range, which is quite wide. It is currently trading near the high of this range.
- MAS has an average volume of 2635250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MAS outperforms 68% of them, which is more or less in line with the market.
- MAS is part of the Building Products industry. There are 42 other stocks in this industry, MAS did better than 56% of them.
- Volume is considerably higher in the last couple of days.
Although MAS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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59.82
3 important support areas can be observed.
- A support zone ranging from 67.39 to 67.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 65.31 to 66.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 60.42 to 60.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @76.20 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MAS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAS is up. |
| ChartMill Relative Strength | 68.24 | NEUTRAL | MAS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.49 | NEUTRAL | The RSI value for MAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests MAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.59 | OVERBOUGHT | The high Stochastics value suggests MAS may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for MAS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.32 | POSITIVE | The high ADX value value for MAS suggests a strong trend. |
76.19
-1.35 (-1.74%)
MASCO CORP / MAS FAQ
What is the ChartMill technical rating of MASCO CORP (MAS) stock?
ChartMill assigns a technical rating of 7 / 10 to MAS.
What is the trend direction for MAS stock?
The current trend direction for MASCO CORP (MAS) is Bearish.
What is the RSI signal for MASCO CORP (MAS) stock?
MASCO CORP (MAS) has an RSI value of 65.4881. This indicates that the stock is currently neutral.
What is the short term momentum for MASCO CORP (MAS) stock?
The short term momentum for MASCO CORP (MAS) is positive.
What are the support and resistance levels for MASCO CORP (MAS) stock?
MASCO CORP (MAS) has a support level at 67.6 and a resistance level at 76.2. Check the full technical report for our detailed analysis of MAS support and resistance levels.